3 Key Things From Lululemon's Earnings Call That Investors Should Know
by Beth McKenna
The quarter's results were strong and better than Wall Street had expected.
It was management's guidance -- particularly for the first quarter of fiscal 2024 -- that spurred the stock sell-off.
For fiscal Q4 2023, revenue grew 16% and adjusted earnings per share (EPS) jumped 20% year over year.
For fiscal Q1 2024, management guided for year-over-year revenue growth of 9% to 10%, and adjusted EPS growth of 3% to 5%.
Source: The Motley Fool
https://finance.yahoo.com/news/3-key-th ... 00258.html